MLC’s online technical resource visits by licensee and independent financial planners have increased by 104 per cent from the previous year since the 2016 Budget superannuation reforms.
MLC said the most popular technical content developed for adviser audiences were resources on transition-to-retirement and contribution caps.
NAB executive general manager of wealth advice, Greg Miller, said: “There’s a strong appetite among advisers for content that they can use with their clients to explain the super reforms. Infographics and written information for clients are particularly popular”.
“What our data tells us is that advisers are taking advantage of this opportunity to guide their clients through the changes, and really support them to understand what will happen in their individual circumstances,” he said.
“It’s great that our industry is embracing the opportunity to demonstrate why professional financial advice is so valuable.”
Miller said as the super reforms were so large it was far easier to navigate thanks to the resources and support advisers now had available to them.
“It’s not just written content; we have had hundreds subscribe to our upcoming webinars, and many more who will attend in person,” he said.
The super fund has launched Retirement Manager, a digital advice tool helping members plan income, spending, and retirement confidence with integrated support.
APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the spotlight on the Shield Master Fund and First Guardian Master Fund during a meeting with fund CEOs.
AMP’s chief economist has unveiled a wish list for the Australian government’s Economic Reform Roundtable.
Australian retirees could increase their projected annual incomes between 3 and 51 per cent by incorporating personal and household data into their retirement income strategies, according to new research.